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Parker Strip

Learn about the people, housing, costs and businesses in Parker Strip, Arizona

Median Home$227,659
Median Rent$654/month
Population909
Leading IndustriesProfessional Services · Wholesale Trade · Finance & Insurance3% professional services
Home Value Growth⬆⬆+19.8% over 2 years
Retirees50% of residentstop 1% nationally
Homeowners79% of occupied units
NotableVeteran Community18% of residents · top 1% nationally
Parker Strip
AZ

Frequently Asked Questions

What are today's mortgage rates in Parker Strip?

As of today, the 30-year fixed mortgage rate for Parker Strip is approximately 6.849% (6.883% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Parker Strip?

The median home value in Parker Strip is $228k. The median monthly rent is $654. Annual property taxes average $845. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Parker Strip?

Home values in Parker Strip have increased 19.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Parker Strip?

Based on a typical all-in ownership cost of $480/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Parker Strip is $54k/year.

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What industries drive the economy in Parker Strip?

The largest employment sectors in Parker Strip are public administration (20%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.